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leadership. they expressed optimism about reaching a deal to avoid a 500 and dollars in tax increases and spending cuts. 500 bill in dollars for tax increases. >> we have a very productive meeting. >> the cornerstone of being able to work something out. >> staffers have been working behind the scenes to find common ground and how to begin more tax revenue and reduced spending on programs like medicare. it is not yet clear one of lawmakers will meet next. even if progress is made this week a final deal could still be make well. >> we rarely see the hill and the white house making decisions, early. they tend to do better when they have a deadline. so, i think that i would be pleasantly surprised if a deal emerged earlier. but, we will see. >> unless compromised is reached, steep tax hikes could be seen. >> this small earthquakes >> the u.s. t s a said the magnitude 3.5 tremor hit at about 7:45 near soledad.. 60 mi. southeast. no reports of damages. >> the day after thanksgiving >> they see a lot of potato peels, putting things down the disposal of the probably should not go down. we ar
network, a connection your whole house can count on. ♪ >> 36 days and counting, the bush era tax cuts and the implementation of massive spending cuts if they do not come to an agreement. they are back in washington after the thanksgiving break. as catherine heenan explains there are some hints of compromise. the most americans understand the fiscal cliff is a scary and a series of living tax hikes. it could damage the economy. president obama has been pressuring congressional leaders to reach a compromise that increases taxes on wealthy americans. a handful of republicans are suggesting they might break their pledge to never vote for higher indicate taxes. >> and for the good of the country only if democrats would do a title that. >> the pledge that we signed 18-20 years ago but the world has changed. >> is music to the ears of the white house but disturbing to this man. the anti-tax crusader that cut republicans to tax no tax- agreement. it >> if you want to go to your voters and say i promised to this and i am breaking the promise you have that conversation. >> if he seems confident
. with level evidence of progress in striking a deal to avoid " the fiscal cliff. >> the series a tax increases and spending cuts set to go into effect next year would dramatically alter the economy. but the the joins reports. >> we must get an agreement. --athena jones.. >> this is not a done deal or a certainty if congress does nothing which they're pretty good about these days. we will go over the fiscal cliff. >> staffers have a working behind the scenes to find common ground to avoid cuts that should be concerning for everyone. >> they should be worried if we have a defense job or if we are dependent on others of the federal budget. the regulation of our food safety, and our borders being secure. or fbi. >> the sticking point is what to do about taxes. the democrats want to raise taxes for the wealthy and republicans to not. the anti-tax crusader had gotten a majority of the " law makers to pledge not to support any effort to raise taxes. >> i'm willing to recorgenerate revenue. where is below but i will not raise tax rates to do it i will cap deductions, and violates the pledge, long stor
a key advantage in california with no sales tax. local bookstores under big pressure with the rapid rise of the books and chains with particularly squeezed. michael tucker owns a chain of bookstores in san francisco. >> if you could save, what would you not? with the tax advantage disappeared with seven of 10% adding that and also estimated other states in pennsylvania, texas adding taxes. and >> here in california got amazon is building to giant warehouses. including this one near los angeles is a 1 million the square feet facility. retailers it is another reason to worry the mccoll is to get customers items fast with even the same day delivery, that is the -- gold. when you could even have it delivered in a matter of hours, that is the goal. >> difficult for local retailers. >> if amazon creates distribution centers, that is going to be difficult for bird and mortar. >> that means that retailers will need to up their game. >> they need to take a lesson from amazon. and focus on the consumer's risks. to become more sophisticated online and offline. >> for those the want a lesson on how
that is a reason why if there is no deal there could be tax hikes and spending cuts of that-fiscal cliff. >> h-p has fourth quarter losses. the tech giant saying that the tech giant says it's written down $8.8 billion of the value, autonomy.. h p paid of $11 billion for the company last year it said the company discovered is had misrepresented its finances. h-p stock has lost the building permits, hit a four year high last month with building started on an annual pace of 894,000 homes in october. sports, coming up next with tedford.. out. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to
a flat screen television. >> she has sent up a tent with this tax. >> we have seats and we also have a tent, and with seats in side with blankets and this week. tonight. >> managers say that this is the earliest. >> i never thought that we would be out here this early >> earlier crowds and longer waits. people are trying to find any way to get their mind occupied waiting for that great deal. >> how has it been so far? >> cold. >> not that bad i've been talking to everybody it has been fog. >> virginia is hoping that giving up for thanksgiving will pay off >> i am hoping that it is worth it but if somebody wants to bring us thanksgiving dinner? we would gladly accept that lot >> with many people eating that if you are going to come down that on the stores will open on the died and you should get here early because a lot of the stuff is going to go quicker. >> some wal-mart employees are going to hit the picket lines. they are not going to be a run for the busiest shopping days. reggie kumar explains. >> this is you tube video of employees protesting outside of southern california last
Search Results 0 to 5 of about 6

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